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$70,000 / (1 + 0.15)^1

$70,000 / (1 + 0.15)^1
asked 81.5k views
0 votes
$70,000 / (1 + 0.15)^1

asked
User Ryan Pierce Williams
by
8.1k points

1 Answer

4 votes

Answer:

$60,869.57

Explanation:

to the oneth power just equals itself

70,000/1 + .15

70,000/1.15

=

60,869.56522

answered
User Cpater
by
8.0k points
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